India's financial services sector witnessed two high profile moves yesterday. Munesh Khanna, country head and managing director of NM Rothschild announced his resignation and is said to be joining Enam Financial Consultants as co-head of investment banking. He will replace Mahesh Chhabria, who has resigned from Enam to join private equity firm 3i.
Khanna joined NM Rothschild in early 2002 in place of Oliver Blackaby who had set up the India operations and then moved back to Europe. Before taking on his job at Rothschild, Munesh had previously established Arthur Anderson's corporate finance practice in India.
Rothschild has announced that Khanna's deputy Sanjay Bhandarkar will take on...